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..our 52 week highs have put in an impressive 5 day run here, wish the price action was following. For this market, these runs have reached their peak at 7 or 8 bars in so we should be close here to turning for a correction...

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.. it is just chopping around in this neutral zone as confused as the rest of us on whether or not this market is going up or down.   Unable to get into oversold or overbought.     I am anxious to see how this resolves as this is the only indicator of the ones I closely follow that is not screaming BULL!  My weighting for this indicator might change as the market resolves its current in-decision.

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.. the NYSE is now 3 days flat.  It was still enough to improve the 5 DMA giving us a + 5 on the charts.

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..during the mid-day report but still ended on the bull side of the now clearly up-sloping 20DMA.  It would be nice to put in some pull-away type performances here.

The strength was the NAZ and RUT which show nice recoveries from yesterday.  The NYSE is a little less aggressive off the 20 DMA.image

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... the moving average is moving up. The underlying market continues to improve but these weak hands that are not so sure sell off every time we make that new hand.  Numerous Nellie's in the market one of these time we won't sell off and we can continue on a smoother upward move..image

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.. today's weak toping action.  Someday we will hold our highs or sell off. The market is teaching us to sell new highs and buy the close over the last few days.  The early morning bullish pressure is what sets up the strength of my indicators.  The New Highs spike, the 10 day high-low spikes setting up bullish looking charts, then the A/D lines deteriorate leaving other indicators like the Zweig looking weak.  This will work our soon..

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